📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine

Europe Market Post-Market Review

July 03, 202604:45 PM LocalReal-Time Market Data
DAX 40 (DAX)
25,797
+0.85%
FTSE 100 (FTSE)
10,673
+0.19%
CAC 40 (CAC)
8,516
+0.48%
Volatility Index — CBOE VIX
15.8% Moderate
DAX 40 (DAX)
Strong Bullish
25,797
+0.85%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (67.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 24,866 holds as support, keeping the 20-day trend channel intact for now. With RSI at 68, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. MACD histogram prints positive, confirming the bullish impulse leg is intact. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support23,716
Resistance25,827
Moving Averages
21-day SMA24,861
50-day SMA24,690
100-day SMA24,316
200-day SMA24,277
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 67.9 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)25,827
23.6%25,329
38.2%25,020
50.0%24,771
61.8%24,522
78.6%24,167
Low (100.0%)23,716
Extensions
ExtensionPrice
Ext 1.13 (Up)26,101
Ext 1.272 (Up)26,401
Ext 1.618 (Up)27,131
Ext 1.13 (Dn)23,441
Ext 1.272 (Dn)23,142
Ext 1.618 (Dn)22,411
Trade Setup
Entry
25,797
Stop Loss
25,611
Take Profit
26,171
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call89%
Buy OTM Call
Call Ratio Backspread89%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread86%
Buy Call + Sell higher Call
FTSE 100 (FTSE)
Strong Bullish
10,673
+0.19%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (67.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (10,449), the asset maintains its bullish price structure — dip-buying remains the high-probability play. Momentum is overheated at 68. While trend can override oscillators, the statistical edge for fresh longs is diminished. Momentum confirmation from MACD — the signal line crossover is bullish and the histogram continues to expand. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support10,128
Resistance10,701
Moving Averages
21-day SMA10,445
50-day SMA10,392
100-day SMA10,411
200-day SMA10,087
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 67.8 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)10,701
23.6%10,566
38.2%10,482
50.0%10,414
61.8%10,347
78.6%10,250
Low (100.0%)10,128
Extensions
ExtensionPrice
Ext 1.13 (Up)10,776
Ext 1.272 (Up)10,857
Ext 1.618 (Up)11,056
Ext 1.13 (Dn)10,053
Ext 1.272 (Dn)9,972
Ext 1.618 (Dn)9,773
Trade Setup
Entry
10,673
Stop Loss
10,608
Take Profit
10,804
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call83%
Buy OTM Call
Call Ratio Backspread83%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread80%
Buy Call + Sell higher Call
CAC 40 (CAC)
Strong Bullish
8,516
+0.48%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (59.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 8,365 continues to act as dynamic support — price remains above it, reinforcing upside bias. Momentum holds constructive at 60 — firmly in bullish territory with room to run before the tape gets stretched. The moving-average convergence divergence oscillator supports the bull case — histogram expanding above the zero line. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support7,854
Resistance8,521
Moving Averages
21-day SMA8,358
50-day SMA8,218
100-day SMA8,181
200-day SMA8,144
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 59.7 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)8,521
23.6%8,364
38.2%8,266
50.0%8,188
61.8%8,109
78.6%7,997
Low (100.0%)7,854
Extensions
ExtensionPrice
Ext 1.13 (Up)8,608
Ext 1.272 (Up)8,702
Ext 1.618 (Up)8,933
Ext 1.13 (Dn)7,768
Ext 1.272 (Dn)7,673
Ext 1.618 (Dn)7,442
Trade Setup
Entry
8,516
Stop Loss
8,467
Take Profit
8,612
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call90%
Buy OTM Call
Call Ratio Backspread90%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread87%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Analyze ECB forward guidance and Euro Stoxx 50 implied correlation for sector rotation cues within the Eurex derivatives complex.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets — completely free.
Explore Shunya.Trade →
⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.